Cambridge Bancorp (CATC)
NASDAQ: CATC · IEX Real-Time Price · USD
64.57
+1.16 (1.83%)
Apr 26, 2024, 12:28 PM EDT - Market open
Cambridge Bancorp Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Cambridge Bancorp stock has a target of 65, which predicts an increase of 0.67% from the current stock price of 64.57.
Analyst Consensus: Buy
* Price targets were last updated on Jul 18, 2023.
Analyst Ratings
The average analyst rating for CATC stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Oct 6, 2023 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $65 | Buy → Hold | Downgrades | $65 | +0.67% | Jul 18, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $62 → $85 | Hold | Maintains | $62 → $85 | +31.64% | Apr 27, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $93 → $85 | Buy | Maintains | $93 → $85 | +31.64% | Apr 6, 2023 |
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy → Hold Downgrades $87 | Strong Buy → Hold | Downgrades | $87 | +34.74% | Feb 16, 2023 |
Financial Forecast
Revenue This Year
163.88M
from 161.63M
Increased by 1.39%
Revenue Next Year
188.80M
from 163.88M
Increased by 15.21%
EPS This Year
4.52
from 4.34
Increased by 4.12%
EPS Next Year
6.52
from 4.52
Increased by 44.24%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 168.7M | 194.4M |
| Avg | 163.9M | 188.8M |
| Low | 157.5M | 181.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 4.4% | 18.6% |
| Avg | 1.4% | 15.2% |
| Low | -2.6% | 10.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 4.76 | 6.71 |
| Avg | 4.52 | 6.52 |
| Low | 4.24 | 6.26 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 9.6% | 48.5% |
| Avg | 4.1% | 44.2% |
| Low | -2.2% | 38.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.